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19 May 2018 | 22 replies
Squatter's rights, or adverse possession, varies from state to state.
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12 July 2018 | 4 replies
If that's unlikely and you need to force a move, your goal would be to regain possession of the property as quickly as possible, with the least amount of monetary loss, and the least amount of damage.
17 June 2017 | 2 replies
Brokerages can be highly territorial and possessive.
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26 February 2021 | 2 replies
Access to the land may be granted through adverse possession if the current owners have been passing over the neighbor's land for many years.
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2 May 2017 | 8 replies
If the lease is silent on this topic, then generally whoever takes possession of the house, whether that's the bank or a new owner, must honor the terms of your lease until it is finished.
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20 July 2017 | 3 replies
Maybe the person paying the taxes is trying to get it under adverse possessionhttp://www.nolo.com/legal-encyclopedia/who-can-claim-property-based-adverse-possession-colorado.html
10 January 2017 | 1 reply
I would list the basic 6-7 points on a single page: price, terms of payment, property condition, possession, escrow, title, buyer vesting.
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6 December 2016 | 4 replies
There are a number of ways to have it YOUR way when investing - Ask the seller to loan it to youDo an installment down payment agreementGive the seller a note - pay him a percentage of the rent you will be collectingGive the seller a post dated check - post dated for 2 yearsOffer a blanket mortgage on another property you ownAsk seller to repair something (we call it the"Front Porch clause) instead of him doing it, he gives a check in that amount ($50,000) that it will take to do the repair - you endorse the check and give it back to him as the down-payment.Borrow SOFT MONEY on another property you ownBring a limited partner in on the deal - they borrow money on their property - you pay them back over time with a nice interest and don't forget a buy out clauseAsk your girl friend, your Mother or drinking buddies - offer a free apartment for a limited amount of timeAsk the owner to finance 100% of the deal - keep him in as a limited partner Offer 20% more for the building if the seller will take back a principal only mortgage (that is without interest) offer a balloon payment and split notes.Ask the seller to let you manage the building for a year - collect the rents and make improvements from the rents receivedOwner financing with split notes (details on this to come)Proposal to the owners daughter - make friends with the seller's wife - let him know you really want this property - beg for help - tell him you are a nice person - just getting started Offer a Hybrid offer - offer less - improve the building and give seller 20% of the profitsTry a Delayed Settlement with right of possession and subject to the mortgage - you make payments until settlement 1-2 years later.
26 August 2015 | 32 replies
Your thinking shoot the tenant did this they need to pay.. the tenant having many options ( and they do in most rental markets) and not having a whole lot of possessions and being fairly transient by nature ( ergo the term I stay at this home I don't live here common phraseology in the mid west) they just pack up their few possessions and they leave.. especially if they have a voucher.So as you go forward unless its really bad minor repair items that are needed that are tenant caused look at those carefully first and decide do you want a vacancy that will cost you thousands or should you just pay the 100 bucks or so and fix the small item there by not losing a ( what was up to this event a good tenant) and now have a vacancy that cost you 10 to 20 times the amount of this little battle.Just another perspective and one I have learned the hard way..
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11 April 2016 | 12 replies
The most important thing is to get possession of the property as unfortunately in Texas you are very unlikely to collect on the judgement